Will Canny

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Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry. He's now covering the crypto beat as a contract reporter at CoinDesk.

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Ethereum's rising validator count is causing technical capacity and centralization concerns, Fidelity Digital Assets says (Koushik Pal/Unsplash, modified by CoinDesk)
Ethereum's Rising Validator Count Is Causing Concerns, Fidelity Digital Assets Says
Future roadmap upgrades for the network will become more difficult with a large validator set, the report said.
Ethereum's rising validator count is causing technical capacity and centralization concerns, Fidelity Digital Assets says (Koushik Pal/Unsplash, modified by CoinDesk)
windsock with hang glider in the distance
Bitcoin Halving Could Bolster ETF Tailwinds for the Cryptocurrency: Canaccord
If history repeats itself, an even more bullish period for bitcoin and crypto markets could be on the horizon in the months following the halving, the report said.
windsock with hang glider in the distance
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Bitcoin Mining Was More Profitable in February Than January: Jefferies
Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.
Argo Blockchain's Helios facility in Dickens County, Texas. (Argo Blockchain)
Galaxy Digital CEO Mike Novogratz talks to Bloomberg's Haslinda Amin (Sam Reynolds/CoinDesk)
Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord
The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.
Galaxy Digital CEO Mike Novogratz talks to Bloomberg's Haslinda Amin (Sam Reynolds/CoinDesk)
Mike Novogratz, Founder and CEO, Galaxy Digital (Shutterstock/CoinDesk)
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, Stifel Canada said in a report.
Mike Novogratz, Founder and CEO, Galaxy Digital (Shutterstock/CoinDesk)
BlackRock HQ
BlackRock’s New Tokenized Fund Brings TradFi, Crypto Closer: Bernstein
The launch of the BUIDL fund is significant because of the way in which the investment manager has brought in key ecosystem partners from both the TradFi world and the crypto...
BlackRock HQ
Bitcoin ETFs lost  $836 million to outflows last week. (Unsplash)
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
There were $836 million in net outflows between March 18 and March 21, the report said.
Bitcoin ETFs lost  $836 million to outflows last week. (Unsplash)
Coinbase CEO Brian Armstrong. (screenshot from Coinbase video)
Coinbase Is More Than Just a Crypto Exchange: JMP Securities
Momentum continues to build in the company’s ancillary businesses, the report said.
Coinbase CEO Brian Armstrong. (screenshot from Coinbase video)
a cleaver chops a lemon in half
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
a cleaver chops a lemon in half
Bernstein boosts bitcoin year-end price target ( Hans Eiskonen/Unsplash)
Bitcoin Year-End Price Target Raised to $90K at Bernstein
The broker expects a 7% reduction in hashrate post-halving from shutdowns versus 15% earlier, the report said.
Bernstein boosts bitcoin year-end price target ( Hans Eiskonen/Unsplash)